Common use of Continuing Effect of Representations, Warranties and Acknowledgments Clause in Contracts

Continuing Effect of Representations, Warranties and Acknowledgments. The Investor and the Company agree that the representations and warranties of Section 4 and Section 5, respectively, are true and accurate as of the date of this Subscription Agreement and shall be true and accurate as of the date of delivery to and acceptance by the Company of this Subscription Agreement, and shall survive such delivery and acceptance. If in any respect such representations, warranties and acknowledgements shall not be true and accurate prior to such delivery and acceptance, the Investor or the Company, as the case may be, shall give immediate written notice of such fact to the Company or the Investor, specifying which representations and warranties and acknowledgements are not true and accurate and the reasons therefore.

Continuing Effect of Representations, Warranties and Acknowledgments. The Investor and the Company agree agrees that the representations and warranties of Section 4 3 and Section 54, respectively, are true and accurate as of the date of this Subscription Agreement and shall be true and accurate as of the date of delivery to and acceptance by the Company of this Subscription Agreement, and shall survive such delivery and acceptance. If in any respect such representations, warranties and acknowledgements shall not be true and accurate prior to such delivery and acceptance, the Investor or the Company, as the case may be, shall give immediate written notice of such fact to the Company or the InvestorCompany, specifying which representations and warranties and acknowledgements are not true and accurate and the reasons thereforetherefor.